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Title: Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill own Post by: Sublight2097 on Jun 20, 2015 Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill owner for $60. The sawmill mills it, and sells the boards to a woodworker for $80. The woodworker makes an oak bookcase out of the boards, and sells it to a retailer for $300. The retailer then sells you the bookcase for $250. What is the total value added?
A) $50 B) $250 C) $550 D) $690 E) none of the above. Title: Re: Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill Post by: Sydnie on Aug 7, 2015 Content hidden
Title: Re: Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill own Post by: Sublight2097 on Aug 31, 2015 My mind was going in all different directions trying to figure this one out. Thanks so much.
Title: Re: Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill ... Post by: Daniel Stein on Apr 12, 2020 ty
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